Europe

Rank takes on full customer compliance platfrom of DoTrust

John O’Reilly: Rank is a clear winner of White Paper changes

Rank Group Plc has expanded its principal supplier partnership with the Department of Trust (DoTrust) to cover all compliance and customer risk assessment duties of the LSE-listed gambling group. As announced this morning, Rank Interactive unit will integrate “DoTrust Complete”, the “first dedicated platform offering end-to-end frictionless and enhanced financial risk checks to support all stages of the player journey.” …

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Kazakh Tax Authority stands by accountability of consumer confidentiality on gambling reports

SBC News Kazakh Tax Authority stands by accountability of consumer confidentiality on gambling reports

The government of Kazakhstan has authorised amendments to the Tax Code that will require all licensed gambling operators to report on the wagering activities and profiles of Kazakh citizens.   A mandate that was approved by the Mazhilis (Parliament) in November has been imposed as of 12 February 2024, and will require Kazakh gambling operators to submit direct customer reports to …

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Betsson deepens geographic diversification with two Dutch acquisitions

Betsson

In an update to shareholders, Betsson Group has revealed two new acquisitions aimed at strengthening the operator’s presence in the Dutch market.  The first company that is now under the wing of Betsson is Holland Gaming Technology Ltd, which holds a Dutch casino games licence and operates the goldruncasino.nl and goldruncasino.com domains.  Holland Power Gaming B.V. is the second – …

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188BET to shift operations from Isle of Man back to the Philippines

SBC News 188BET to shift operations from Isle of Man back to the Philippines

188BET has announced that it is shutting down its operations in the Isle of Man as it shifts to the Philippines, changing its regulatory jurisdiction.  The operator has emphasised that during the transition it will ensure ‘responsible gambling practices and continuity’ by offering players options and enhanced services under the framework of the Philippine Amusement and Gaming Corp (PAGCOR). The …

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FDJ clears Swedish financial audit to proceed with Kindred €2.6bn buyout

SBC News FDJ clears Swedish financial audit to proceed with Kindred €2.6bn buyout

Groupe Française des Jeux (Groupe FDJ) has announced that it has received regulatory approval by Finansinspektionen, Sweden’s Financial Supervisory Authority, to proceed with its offer to acquire Kindred Group Plc. The Paris Euronext gambling group secures its Swedish market’s financial authorisation to formally launch its SEK 130 (€11.40) per share offer to acquire Stockholm-listed Kindred Group, a deal announced on …

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Betfair shortens odds on Labour majority as Tories stick with Sunak 

SBC News Betfair shortens odds on Labour majority as Tories stick with Sunak 

The Labour Party’s odds of winning a forthcoming General Election have shortened to 1/4 following by-election wins in the constituencies of Kingswood and Wellingborough. Yesterday’s double victory sees Betfair Politics improve Labour’s odds of winning the next UK election from 1/3 to 1/4 (80%). Of significance, observers noted the significant swings of 11,000 votes in Kingswood and 18,500 in Wellingborough …

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SIS inks deal with Genius Sports for the provision of 24/7 esports offering 

SBC News SIS inks deal with Genius Sports for the provision of 24/7 esports offering 

Live betting provider SIS (Sports Information Services) has signed a distribution agreement with Genius Sports for the supply of the former’s Competitive Gaming product.  More than 150,000 annual live events fall under the calendar of SIS’s Competitive Gaming solution, which can now be accessed through that global sportsbook network of Genius Sports. The content covers both e-soccer and e-basketball, with …

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DSWV: Interstate deficiencies will be exposed in critical summer for German sports 

DSWV President, Mathias Dahms,

Deutscher Sportwettenverband (DSWV), Germany’s Sports Betting Trade Association, has called on Bundesländer (state authorities) to back its call for a “realignment of regulations in 2024”. The trade body has urged Germany’s 16 federal states to face the deficiencies of the Fourth Interstate Gambling Treaty (GlüNeuRStv), the framework that has re-regulated the country’s online gambling marketplace since July 2021. 2023 was …

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BHA expands High Value Developmental Races for 2024

SBC News BHA expands High Value Developmental Races for 2024

The British Horseracing Authority (BHA) has revealed programming of over 80 High Value Developmental Races for the 2024 Flat season worth more than £3m in total prize money. This initiative was in collaboration with British Stallions Studs (EBF), Juddmonte, Darley and Tattersalls combining to provide financial support for an essential part of the race programme, with the races involved also …

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